I’m confused when it comes to deductions, even though they are the best thing when it comes to tax time, but I just can’t seem to get the hang of it.

Say you pay 1000 for something and it’s deductible on your taxes… so what does that mean?

2008 was my first year of working from home. Now that tax time has rolled around I am unclear on if I can deduct certain expenses from from my taxes.

My biggest question is how do I know if I qualify or not? I am an employee of a company and I constantly read about this following language:

"In addition, if you work as an employee you can claim this deduction only if the regular and exclusive business use of the home is for the convenience of your employer and the portion of the home is not rented by the employer."

What does this mean exactly? I understand the first part about the using your office space for only work related matters. I am unclear on the part about my employer and what that means.

Any help would be appreciated. I already understand what I can deduct if I qualify and how my office space must be used only for work related matters.

2008 was my first year of working from home. Now that tax time has rolled around I am unclear on if I can deduct certain expenses from from my taxes.

My biggest question is how do I know if I qualify or not? I am an employee of a company and I constantly read about this following language:

"In addition, if you work as an employee you can claim this deduction only if the regular and exclusive business use of the home is for the convenience of your employer and the portion of the home is not rented by the employer."

What does this mean exactly? I understand the first part about the using your office space for only work related matters. I am unclear on the part about my employer and what that means.

Any help would be appreciated. I already understand what I can deduct if I qualify and how my office space must be used only for work related matters.